You are trying to decide which bank to start an account at. You pull up a website that compares four of the most popular banks in your area. The chart on the site looks like the following one. Bank A Bank B Bank C Bank D Minimum Deposit Per Month $0.00 $100.00 $50.00 $10.00 ATM Fees $1.00 None $5.00 $3.00 Overdraft Fees $20.00 $10.00 None $40.00 Nearby Locations None 1 3 5 You make money occasionally tutoring. You like the idea of going into the bank and talking to someone when making transactions. You are pretty organized and think you will be able to keep track of how much money is in your account, so you are not concerned about overdraft fees. Which bank would be the best fit for your needs? (1 point) Responses Bank D Bank D Bank B Bank B Bank C Bank C Bank A
Bank B would be the best fit for your needs. This is because they have a lower minimum deposit per month compared to Bank C and Bank D, and they also have no ATM fees. Additionally, they have fewer nearby locations than Bank C and Bank D, but since you are organized and don't mind keeping track of your account, this should not be a problem for you. Overall, Bank B seems to be the most convenient option for your tutoring income and preference for in-person transactions.
